A trade secret is any practice or process of a company that is generally not known outside of the company. Information considered a trade secret gives the company acompetitive advantageover its competitors and is often a product of internalresearch and development. To be legally considered a trad...
EXAMPLE: CommCo owns a trade secret for connecting teletype machines. The trade secret has lost its value because teletype machines have been replaced in the communications industry by computers and fax machines. How to Protect Trade Secrets You cannot protect information under an NDA unless you ha...
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As an owner of a trade secret,unlikecopyright, you don’t have exclusive rights over the trade secret. If you’re reckless with it and it gets exposed to competitors,you have no legal rightto stop your competitors from copying or even reverse engineering your process to discover your trade ...
for trade secret misappropriation and breach of contract, alleging that LG had misused allegedly proprietary solar cell technology that Alta had originally disclosed to LG under an NDA. In October 2018, Alta narrowly avoided dismissal of its trade secret claims in the face of an argument by LG ...
Trade secret.Trade secrets is one of the 14 elements of the Occupational Safety and Health Administration (OSHA) Process Safety Management (PSM) standard. However, unlike the other 13 elements, there is little explanation or guidance on how to comply with this element, which may occur to be ...
India has signed a $100bn free trade agreement with a four-member European bloc and will lift most import tariffs on industrial products from these countries
Federal Circuit Holds That Failure to Abide by NDA Confidentiality Designation Provisions Can Preclude Trade Secret ProtectionMeyer, Stuart